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Re: fingolf post# 7062

Thursday, 05/21/2015 2:48:25 PM

Thursday, May 21, 2015 2:48:25 PM

Post# of 25804
Nobody in their right mind who invested in TGC hoped that the company would get that 50% ownership on both PEL's. My hope was 35% untill they pulled this stunt.

Latest developments make it sound like lawyers are inevitable unless a deal is struck between both parties. There is a lot of bad blood between both sides now and each new development seems to make it worse. Lawyers will delay drilling even further unless rationality kicks in on both sides.

I don't think drilling is going to happen untill both sides reach an agreement/settlement. Everyone needs to be on the same page before going forward.

Nevertheless I'll keep following developments (positive news today for HENC if it's going to happen) and will decide where to add more when things become more clear (a settlement).